Paul Larbey Purchases 15,115 Shares of Bango (LON:BGO) Stock

Bango PLC (LON:BGO) insider Paul Larbey acquired 15,115 shares of the company’s stock in a transaction on Friday, February 6th. The stock was bought at an average price of GBX 79 per share, for a total transaction of £11,940.85.

Bango Stock Down 2.1%

BGO stock opened at GBX 75.87 on Wednesday. The company has a 50 day moving average of GBX 86.11 and a two-hundred day moving average of GBX 92.74. The company has a market cap of £58.41 million, a price-to-earnings ratio of -22.06 and a beta of 0.36. Bango PLC has a 12-month low of GBX 61.50 and a 12-month high of GBX 129. The company has a quick ratio of 2.37, a current ratio of 0.71 and a debt-to-equity ratio of 37.64.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reduced their price objective on Bango from GBX 244 to GBX 212 and set a “buy” rating for the company in a research report on Tuesday, January 20th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of GBX 212.

Bango Company Profile

Bango enables content providers to reach more paying customers through global partnerships. Bango revolutionized the monetization of digital content and services, by opening-up online payments to mobile phone users worldwide. Today, the Digital Vending Machine® is driving the rapid growth of the subscriptions economy, powering choice and control for subscribers.

The world’s largest content providers, including Amazon (NASDAQ: AMZN), Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) trust Bango technology to reach subscribers everywhere.

Bango, where people subscribe.